Because these business economics working in their favor, there was zero chance of them ever going into bankruptcy.
The lower stock stock price also meant a greater upside potential for gain.
Warren realized that he no longer had to wait for wall street to serve up a bargain price. He could a pay a fair price for one of these super businesses and still come out ahead, Provided he held the investment long enough.
warren holds stocks for longer just so that he can avoid paying tax on his profits.
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